Answer:
C. What percentage of sales will likely be made on credit?
Explanation:
Accounts receivable are defined as the claims of payment that can be legally enforceable which is held by any business for the supply of goods or the services that are rendered that the customers have utilized or ordered but not paid for it. It is the balance of the money which is due to the organization for the goods or the services taken.
So when forecasting about the accounts receivable, one question we need to ask is -- "What percentage of sales will likely be made on credit?"
When the cash is received by the debtor, and the transaction is recorded, the accounts receivable are credited and the cash is debited.
The question that should be asked related to the account receivable at the time of forecasting is option C
C. What percentage of sales will likely be made on credit?
The following information should be considered;
Accounts receivable refer to the the claims of payment that can be legally enforceable which is held by any business for the supply of goods or the services that are rendered that the customers have utilized or ordered but not paid for it. It is the balance of the money which is due to the organization for the goods or the services taken. So when forecasting about the accounts receivable, one question we need to ask is -- "What percentage of sales will likely be made on credit?"
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Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock
Answer:
$75,000
Explanation:
Calculation for the annual dividend on the preferred stock
Using this formula
Annual Dividend= Number of shares × Par value × Dividend %
Let plug in the formula
Annual Dividend= 10,000 shares × $125 × 6%
Annual Dividend= $75,000
Therefore the annual dividend on the preferred stock will be $75,000
A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6%. If the coupon rate is 7%, the intrinsic value of the bond today will be ________.
Answer:
$1,062.81
Explanation:
The intrinsic value of the bond today is the present value of semiannual coupons for 8 years(16 semiannual coupons) and the face value of the bond,which is computed below using financial calculator and excel pv function:
Financial calculator:
N=16( number of semiannual coupons in 8 years=8*2)
PMT=35(semiannual coupon=face value*coupon rate*6/12=$1000*7%*6/12=$35)
I/Y=3(semiannual yield=6%*6/12=3%)
FV=1000(face value is $1000)
CPT PV=$1,062.81
Using excel PV function:
=-pv(rate,nper,pmt,fv)
nper and N above are the same with other variables having the same name
=-pv(3%,16,35,1000)=$1,062.81
Negative word-of-mouth communication is more likely to occur when consumers: Group of answer choices repeatedly purchase products of a single brand. perceive that the problem is severe. face problems that are unstable. make purchase decisions that are not credible. are satisfied with the company's responsiveness.
Answer:
perceive that the problem is severe.
Explanation:
The negative worth of mouth communication arise when the problem is very serious. As the firm product would be more famous by the worth of mouth only but if there is a negative worth of mouth communication so it seems that the problem is very serious
Therefore the second option is correct
Hence, all the other options are incorrect
A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created during the second half of t
Answer:
c. Sprint Goal, Sprint Backlog
Explanation:
Sprint planning is the first event in which the task is to be done when there is a planning of the sprint. here the meeting is to be conducted where the scrum master, owner of the product, the developing meet.
After Brainstorming, the sprint goal is to be established at the time when the first half of the planning is to be done. In the second half, the sprint backlog is established which would be taken for accomplishing the sprint plan
Hence, the correct option is c.
Ken Larch is a tailor. He bought two industrial sewing machines from his father. He placed both machines in service in the same year he bought them. All of the following are true except:________.A. The sewing machines do not qualify as section 179 propertyB. Ken cannot claim a section 179 deduction for the cost of these machinesC. Ken can claim a partial section 179 deductionD. The asset must be used at least 50% of the time for business in the first year it is placed in service to qualify for a section 179 deduction
Answer:
A.The sewing machines do not qualify as section 179 property
Explanation:
Section 179 deduction is available for machinery bought and used in the business in the same year provided the usage in business is more than 50% and upper limit on deduction is $ 500,000. However, a partial deduction is possible in case cost of machine exceeds $500,000. Hence, the first option in the given question is not true.
If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee), how much are you being charged in fees for the year?
Answer:
$23.4
Explanation:
Each week, the co-worker sends $30, the feed for transfers is 1.5%. The charges per week are
=1.5 % of $30
=1.5% x $30
=0.015 x $30
=$0.45
One year has 52 week, The charge per year will be
=$0.45 x 52
=$23.4
According to the PMQ Pizza Magazine, an estimate of pizza sales in the United States for the top 100 pizza companies was $44.3 billion in 2018. Below are the top 5 companies with the number of franchise units and total gross sales in $ millions.
Name Units sales
Domino's 14,490 12252
Pizza Hut 16,336 12034
Little Caesars Pizza 5365 4000
Papa John's International 5071 3695
California Pizza Kitchen 260 840
a. Using the data set, compute the sales per unit. (Enter the answers in $ millions. Round your answers to 3 decimal places.)
b. Construct a frequency distribution based on total sales.
Frequency Sales ($ millions)
O up to 1750
1750 up to 3500
3500 up to 5250
5250 up to 7000
7000 up to 8750
8750 up to 10500
10500 up to 12250
12250 up to 14000
Total
c. Construct a frequency distribution of companies based on per unit sales. (Enter the answers in $ millions.)
Frequency Per unit sales ($ millions)
0.0 up to 0.5
0.5 up to 1
1 up to 1.5
1.5 up to 2
2 up to 2.5
2.5 up to 3
3 up to 3.5
3.5 up to 4
Total
Answer:
PMQ Pizza Magazine
Estimate of Pizza Sales in the United States for top 100 pizza companies
a. Computation of the sales per franchise unit:
Name of company Units Sales Sales per Franchise unit
Domino's 14,490 12,252 $0.845
Pizza Hut 16,336 12,034 0.737
Little Caesars Pizza 5365 4,000 0.746
Papa John's International 5071 3,695 0.729
California Pizza Kitchen 260 840 3.231
b. Frequency distribution based on total sales:
Frequency Sales ($ millions)
O up to 1750 840
1750 up to 3500 0
3500 up to 5250 7,695
5250 up to 7000 0
7000 up to 8750 0
8750 up to 10500 0
10500 up to 12250 12,034
12250 up to 14000 12,252
Total sales 32,821
c. Frequency distribution of companies based on per unit sales:
Frequency Per unit sales ($ millions)
0.0 up to 0.5 0
0.5 up to 1 4
1 up to 1.5 0
1.5 up to 2 0
2 up to 2.5 0
2.5 up to 3 0
3 up to 3.5 1
3.5 up to 4 0
Total 5
Explanation:
a) Data and Calculations:
Total estimated sales in 2018 = $44.3 billion
Top 5 Companies Total gross sales in $ millions.
Name of company Units Sales Sales per Franchise unit
Domino's 14,490 12,252 $0.845 (12,252/14,590)
Pizza Hut 16,336 12,034 0.737 (12,034/16,336)
Little Caesars Pizza 5,365 4,000 0.746 (4,000/5,365)
Papa John's International 5,071 3,695 0.729 (3,695/5,071)
California Pizza Kitchen 260 840 3.231 (840/260)
b. Frequency distribution based on total sales:
Frequency Sales ($ millions)
O up to 1750 840
1750 up to 3500 0
3500 up to 5250 7,695
5250 up to 7000 0
7000 up to 8750 0
8750 up to 10500 0
10500 up to 12250 12,034
12250 up to 14000 12,252
Total sales 32,821
c. Frequency distribution of companies based on per unit sales:
Frequency Per unit sales ($ millions)
0.0 up to 0.5 0
0.5 up to 1 4
1 up to 1.5 0
1.5 up to 2 0
2 up to 2.5 0
2.5 up to 3 0
3 up to 3.5 1
3.5 up to 4 0
Total 5
Masco is a consumer discretionary company that focuses on home improvement products. Here is a breakdown of the revenue concentration by industry. Which of the following headlines would be of the most interest to potential investors?A. Local Municipality Bans Watering Lawns Due to Low Water Supply B. Kitchen and Bathroom Remodeling Is up More Than 8% as Homeowners Look to Improve House Values C. Government Provides Tax Incentive to Install Energy-Efficient Windows in Existing Homes D. Houston Chemical Plant Explosion Kills 3 People.
Answer:
The answer is "Option B".
Explanation:
Masco would be a company that has a flexible strategy for home renovation goods. The kitchen cupboards are 950 M as per the data presented throughout the photo, whereas the drilling fixtures produce 4 B revenues. Their shareholders will focus on this project.Therefore the argument which gives investors the highest benefit is as continues to follow:
Remodeling for bathrooms and kitchens is more than 8%, as owners are looking to boost property prices. Its residual commitments have still not been provided to investors, because the statement does not contain a specific item to quantify the statement.During the recent economic downturn, your community has experienced unemployment rates of approximately 9%. What can be done to mitigate the effects of the financial impact to your organization
Answer:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.
Explanation:
Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.
As we know the basic formula of financial management.
Financial Statement = Income + Expenditure.
Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence. As a result, organization will undoubtedly survive the wave of depression in the long run.
Assume you are bequeathed $500 by a long-lost cousin. You decide that, for the next year, you will put all that money in the bank until you decide what to do with it. The bank is currently paying an interest rate of 4%.
a. At the year's end you will have $______
b. At the year's end your savings will have increased by $________
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $500
Number of periods (n)= 1 year
Interest rate (i)= 4% = 0.04
To calculate the future value after one year, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.04^1)
FV= $520
The savings increased by $20.
Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 12.3% Monthly 13.2 Weekly 10.9 Infinite 14.6
Answer and Explanation:
The computation is as follows:
The following is the formula for the annual percentage rate
Annual percentage rate = m × [(1 + effective annual rate)1 ÷ m - 1]
where,
m = compounding period
For Semiannually
APR = 2× [(1.1123)^1 ÷ 2 - 1]
= 11.94%
For monthly
APR = 12 × [(1.132)^1 ÷ 12 - 1]
= 12.46%
For weekly
APR = 52 × [(1.109)^1 ÷ 52 - 1]
= 10.36%
For infinite
APR = ln(1 + 0.0146)
= 13.63%
Amy invests 1000 at an effective annual rate of 14% for 10 years. Interest is payable annually and is reinvested at an annual effective rate of i. At the end of 10 years the accumulated interest is 2,341.08. Bob invests 150 at the end of each year for 20 years at an annual effective rate of 15%. Interest is payable annually and is reinvested at an annual effective rate of i. Find Bob's accumulated interest at the end of 20 years. A) 9000 B) 9010 C) 9020 D) 9030 E) 9040
Answer:
I want to say thatbi love this app.and im just saying rjrsb
Explanation:
he
In 1926, Nedda McGrath became the first female
O copywriter
O art director
O editor
O graphic designer
Answer:
art director
Explanation:
ART DIRECTOR
When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979
Answer:
The Minimum Wage Used To Be Enough To Keep Workers Out Of Poverty in 1979.
Explanation:
Answer:
the question is incomplete:
When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979? Why not go back to 1938, the first year of the minimum wage? Why not 1999? For each of the years listed below, calculate what the minimum wage would be today if it had kept up with inflation since that year. Today, the minimum wage is $7.25 and the consumer price index (CPI) is 256. (Round your answer to two decimal places.)
Year Minimum wage CPI Wage today adjusted for inflation
1938 $0.25 14 $4.57
1979 $2.90 69 $10.76
1999 $3.80 127 $7.68
$1 in 1938 is equivalent to 256/14 = $18.29 today
so $0.25 is equivalent to $18.29 x 0.25 = $4.57
$1 in 1979 is equivalent to 256/69 = $3.71 today
so $2.90 is equivalent to $3.71 x 2.90 = $10.76
$1 in 1999 is equivalent to 256/127 = $2.02 today
so $3.80 is equivalent to $2.02 x 3.80 = $7.68
A customer is complaining to you about an issue they are having with your company’s product. You know from experience that this issue was caused by the customer. She is clearly wrong but is insisting that you fix the issue. What would you be MOST likely to do?
A. Let the customer finish complaining, then explain to her why she is having the issue.
B. Ask her to stop and explain that because she created the issue, the only thing to do is buy a new product
C. Tell her that you will get back to her after you ask your manager about the issue
D. Explain what she did to create the issue and help her purchase a new product
E. Tell her that you will replace the product, but she needs to be careful not to do this again
Answer:
A. Let the customer finish complaining, then explain to her why she is having the issue.
Explanation:
In dealing with customers it is important that conflicts is on de-escalation in such a way that the customer is satisfied after the transaction and does not feel bad about the incident.
In the given scenario the customer caused the issue but it is important to listen to their complaint and get clarity on the situation.
Cutting the customer short because a similar situation occurred in the past may not reveal all issues. So it is better to hear the customer's full complaint.
Then we need to explain to the customer why the customer is having the issue without emphasising they are wrong.
This will reduce bad feelings on the part of the customer
How may hedging increase value of a company through: Reducing agency costs; Reducing costs of financial distress; Tax optimization.
Answer:
Hedging increases value of a company through:
Reducing costs of financial distress.
Explanation:
Hedging is a risk reduction and management strategy, which a company employs to offset or reduce its losses in investments by assuming opposite positions in some related assets. The reduction in risks through hedging results in some reduction in the profitability of the investments, based on the basic understanding of risk-return trade-off. Hedging strategies are done with derivatives, such as options and futures contracts.
The nominal exchange rate is the price of one currency in terms of another currency. A nominal exchange rate specifies how many units of one country's currency are needed to buy one unit of another country's currency. Suppose the following table presents nominal exchange rate data for November 26, 2014, in terms of U.S. dollars per unit of foreign currency. Use the information in the table to answer the questions that follow.
Foreign Currency Cost of one unit Foreign Currency
Brazilian real (BRL) 0.5148
Canadian dollar (CAD) 0.9213
Euro (EUR) 1.3457
Japanese yen (JPY) 0.008226
Mexican peso (MXN) 0.0926
United Kingdom pound (GBP) 1.9695
Suppose that on November 26, 2014, a marble statue handmade in Canada is priced at CAD 1,700. The approximate U.S. dollar price of the statue would be_______ . If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro_______ in value, or_________ , relative to the U.S. dollar.
Answer:
Approximate price of marble statue in USD is:
= Price of statue * Foreign Currency Cost of one unit
= 1,700 * 0.9213
= US$1,566.21
If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro appreciated in value, or appreciated, relative to the U.S. dollar.
If this direct rate increases from $1.3457 to $1.547555 per euro, it means that one Euro can now buy more dollars than before which means that it gained/ appreciated in value relative to the USD.
For instance: Before the change, €10 = 10 * 1.3457 = $10.3457
After the change, €10 = 10 * 1.547555 = 10.547555
Euro therefore became stronger relative to the USD.
The approximate U.S. dollar price of the statue would be $1565.21.
If the nominal exchange rate for the U.S. dollar-euro rises from $1.3457 to $1.547555 per euro, the euro appreciated in value or appreciated, relative to the U.S. dollar.
The approximate price of marble statue in USD will be:
= Price of statue × Foreign currency cost
= 1700 × 0.9213
= $1566.21
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Newsome Inc. buys on terms of 4/10, net 45. It does not take the discount, and it generally pays after 60 days. What is the effective (not nominal) annual percentage cost of its non-free trade credit, based on a 365-day year?
Answer:
28.19%
Explanation:
Cost of trade credit = (1 + D/1-D)^(365/n) - 1
Cost of trade credit = (1 + 0.04/1-0.04)^(365/60) - 1
Cost of trade credit = (1 + 0.04/0.96)^(6.083) - 1
Cost of trade credit = (1.04167)^(6.083) - 1
Cost of trade credit = 1.28189526454 - 1
Cost of trade credit = 0.28189526454
Cost of trade credit = 28.19%
If there is a scarcity of supply in potatoes and many people want to buy, the prices is likely to be
Blue Spruce Corp. purchases a patent for $320,000 on January 2, 2022. Its estimated useful life is 16 years. Prepare the journal entry to record amortization expense for the first year.
An investment offers $6,200 per year for 20 years, with the first payment occurring one year from now. If the required return is 7 percent, what is the value of the investment
Answer:
$65,682.89
Explanation:
Calculation for what is the value of the investment
Using this formula
PVA = C({1 − [1 / (1 + r)t]} / r)
Let plug in the formula
Where,
C represent Investment offer =$6,200
R represent Required Return=7%
T =20 years
PVA = $6,200{[1 − (1 /( 1+.07*20 years)] / .07
PVA = $6,200{[1 − (1 / 1.07*20 years)] / .07}
PVA = $6,200{[1 − (1 / 2.14)] / .07}
PVA= $65,682.89
Therefore the value of the investment will be $65,682.89
A targeted cover letter is written specifically for work within the industry you prefer.
Answer:
What does it take for your resume and cover letter to make an impact when an employer may have received hundreds of r
resumes for the position you applied for?
Employers can receive a tremendous number of resumes for every position they advertise. It may seem like an almost impossible task for a company to weed through them to find the best applicants to interview, or for you to be one of the selected candidates.
Which of the following re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format?
a. GEIA-STD-0007
b. MIL-HDBK-217F
c. MIL-STD-882D
d. MIL HDBK-502
Answer:
This re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format:
a. GEIA-STD-0007
Explanation:
The GEIA-STD-0007 standard is designed to provide users with a uniform set of data tags for all or portions of logistics product. It can be used by government establishments and businesses. The standard defines logistics data generated during the requirement definition and design of an industry or government system, as part of the Logistics Support Analysis Record (LSAR), in a common format.
g assume it takes the fed 4 months to understand that a demand shock has occurred in the economy, and another 1 month to adjust policy to the shock. the initial 4 month time period refers to the
Answer:
The answer is recognition lag
Explanation:
Recognition lag can be found in monetary policy and is the amount of time it takes a national government to react or respond to an economic shock, such as a sudden boom or bust.
Some types of policy lags include: decision lag, implementation lag and recognition lag.
Tricia had $100,000 in mortgage debt forgiven through a short sale on her principal residence on her Federal income tax return. Generally, Tricia must include what amount of the discharge of indebtedness from the disposition of her principal residence when completing her Schedule CA for 2019?
a) $0.
b) $25,000.c) $50,000.d) $100,000.
Answer:
d) $100,000
Explanation:
In answer to this question, Tricia must include $100000 as the amount of the discharge of indebtedness from the disposition of her principal residence when when she is completing her Schedule CA for the year 2019.
We have option d, 100000 dollars as the answer because the amount of debt forgiven is known to be taxable.
Consider the four-step process that many companies follow to estimate the market demand curve for their product. Place the steps in order, with the first step in the highest position and the last step in the lowest position.a. survey customersb. plot the demand curvec. scale up the quantities demanded by the survey respondentsd. add up the total quantity demanded by the customers at each price point
Answer:
The four-step process that many companies follow to estimate the market demand curve for their products are:
a. survey customers
d. add up the total quantity demanded by the customers at each price
c. scale up the quantities demanded by the survey respondents
b. plot the demand curve
Explanation:
The above steps enable the companies to estimate the market demand for their products. They also segment the demand to ascertain the segments that will perform better than others. The behavior of consumers is modeled during the estimation to verify how the price of the product, consumer income, or any other variables will impact the market demand.
________________ is the degree of sound intensity or audibility.
a.
Pronunciation
b.
Volume
c.
Rate
d.
Articulation
Answer:
VolUme
Explanation:
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,500; net cash used in investing activities was $11,000 and net cash used in financing activities was $13,500. If the beginning cash balance is $5,500, what is the ending cash balance
Answer:
$38,500
Explanation:
Sheridan's ending cash balance can be calculated as;
= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities
= $5,500 + $30,500 + $13,500 - $11,000
= $38,500
Therefore, the ending cash balance is $38,500
SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you A. must purchase shares of each fund in the secondary (stock) market B. may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market C. must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market D. must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market
Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.
Explanation:
Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.
Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if communications are effective identify if customer needs are being met identify threats and investigate the competition identify value lark this and retum Save and Exit Next
Answer:
identify value
Explanation:
Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.
identify if communications are effective is used determine who the consumers are and the type of media preferred.
identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.
identify threats and investigate the competition is used to determine changes in consumer preferences and competition